00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Labor Department will not issue complete October jobs data because the shutdown prevented officials
00:06from collecting the household survey used to calculate the unemployment rate, according to the Wall Street Journal.
00:12The government will release partial October jobs data, including jobs gains or losses, hours worth, and industry earnings,
00:17alongside the delayed November report on December 16th.
00:21The federal enter its December meeting without full labor data amid slow hiring and recent white-collar layoffs,
00:26while October minutes show officials are divided on their next steps.
00:30Traders caught expectations for a December rate cut after the announcement.
00:33An economist said weak claims, retail sales, or September unemployment deterioration could still influence the Fed.
00:39For all things money, visit Benzinga.com.
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